Corporate social responsibility and environmental sustainability: Evidence from India using energy intensity as an indicator of environmental sustainability

Prasad, Mousami; Mishra, Trupti; Bapat, Varadraj

doi:10.1016/j.iimb.2019.07.014

Cited by 41 publications

(23 citation statements)

References 33 publications

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“…Environmental management is a distinctive organizational process and social responsibility to attain sustainability in waste reduction [6]. The environmental management system has both tangible and intangible benefits such as it burnishes the company's image [7], developing dynamic processes [8], expenses regarding operations decline intermittently [9], sustainability in the environmental accountability of customers [10]. Hence, different methodologies have devised to shape employee behavior to contain lethal environmental hazards.…”

Section: Introductionmentioning

confidence: 99%

Corporate Social Responsibility, Green Human Resources Management, and Sustainable Performance: Is Organizational Citizenship Behavior towards Environment the Missing Link?

et al. 2021

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The manufacturing sector is one of the major sources contributing towards economies as well as environmental pollution. Contributing to the theory of ability motivation opportunity theory, the aim of the current study was to investigate the mediating role of organizational citizenship behavior towards the environment on the relationship between green human resources management (green recruitment and selection, green training, green rewards, and green performance evaluation), corporate social responsibility, and sustainable performance (economic, social, and environmental performance). The quantitative survey research design was used in the current study and structured questionnaires were distributed for the collection of data. The cross-sectional data were collected from 150 firms. Sample of the study was consisted of HRM managers, directors. Total 200 questionnaires were distributed but 150 completed responses were received and analyzed. A structured questionnaire was used. For data analysis, smart partial least square structural equation modeling (PLS-SEM) was used. The measurement model and the structural model were developed and tested in the study. The measurement model aim was to investigate and establish reliabilities and validities of the instrument while to test hypotheses structural model was formulated/developed. Results revealed that the instrument was found reliable and valid; the instrument has met all standard criteria for average variance extracted, composite/construct reliability factor loadings, and alpha values. While structural models illustrated that all hypotheses are accepted. It is concluded from the results that organizational citizenship behavior towards the environment significantly mediated the relationship between corporate social responsibility and green human resource management practices. This implies that organizational citizenship behavior towards environment significantly effects sustainable performance. The originality of the current study lies in highlighting corporate social responsibility, green human resources management practices to enhance sustainable performance through organizational citizenship behavior towards environment.

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Section: Introductionmentioning

confidence: 99%

Corporate Social Responsibility, Green Human Resources Management, and Sustainable Performance: Is Organizational Citizenship Behavior towards Environment the Missing Link?

et al. 2021

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“…Brooks and Oikonomou (2018) suggests that future research should empirically investigate many different angles of CSR. Many studies have examined various aspects of CSR disclosure, for examples, corporate characteristics (Smith et al, 2007), FV (Deswanto & Siregar, 2018;Plumlee et al, 2015), earnings management and tax avoidance (Liu & Lee, 2019), consumer brand advocacy (Xie et al, 2019), environmental sustainability (Prasad et al, 2019), work engagement (Gürlek & Tuna, 2019).…”

Section: Introductionmentioning

confidence: 99%

The effect of environmental and social disclosure on firm value with financial performance as intervening variable

Muslichah¹

2020

JAAI

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This research analyzes the effect of environmental and social disclosure (ESD) on firm value (FV) with financial performance (FP) as an intervening variable. Objects of this research are companies involved in Indonesia Sustainability Reporting Award (ISRA). The samples are companies that participated in the ISRA during the period starting from 2013 to 2016. The sample of this research is 15 companies if the period used four years, then the final number of observations used for further analysis is 60. The result of this study shows four essential findings. First, the direct effect of ESD on FV is not significant, the impact of ESD on FP is positive and significant, the effect of FP on FV is positive and significant, FP mediates the impact of social and economic performance on FV. This finding confirms the application of legitimacy and stakeholder theory in developing countries where stakeholders have no power to pressure corporate management into social and environmental activities. The results also benefit managers and standards setters. For managers, this finding emphasizes that ESD is a crucial factor in legitimizing the company's products in the eyes of stakeholders. For standard makers, the results are useful for them to develop social and environmental reporting guidelines.

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“…Therefore, we cannot generalize our results to other under-developed countries. Finally, our findings show that the CEO duality changes the association among the CSR committee characteristics and the firms' environmental and social performance [59]. How other board characteristics may affect this relationship is still a gap.…”

Section: Limitations and Research Directionsmentioning

confidence: 63%

“…According to the obtained results, it can be inferred that CSR committees are the efficient participatory bodies in firms to ensure the principles for environmental and social concerns. Our findings can serve as a guide for all energy sector firms (metal mining, coal mining, oil and gas extraction, nonmetallic minerals, except fuels, petroleum, coal products or electric, gas, and sanitary services) that want to implement sustainable policies, knowing that the CSR committee controls, monitors, and promotes sustainable behavior for the firms [59]. Lastly, our findings help the practitioner favorably achieve the SDG 7, SDG 8, and SDG 13 with the help of an effective CSR committee.…”

Section: Discussionmentioning

confidence: 99%

Does CSR Governance Improve Social Sustainability and Reduce the Carbon Footprint: International Evidence from the Energy Sector

et al. 2021

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In today’s world, the energy sector is considered the backbone of any economy and plays a key role in carbon trading markets and mitigation actions. This study explores the impact of CSR governance on carbon footprints and the social performances of the energy sector. Using an international sample of 45 countries from 2002 to 2017, we find that the existence of a CSR committee improves the firm’s social responsibility and effectively mitigates the carbon footprint. Further, our results present that a large CSR committee with more experienced board members are effective to implement sustainable business practices. Furthermore, a CSR committee with experienced board members does not mitigate the environmental and social concerns, when energy firms have more powerful CEOs. Collectively, our evidence indicates that the existence of CSR governance is favorable to focus on social issues than environmental ones.

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Corporate social responsibility and environmental sustainability: Evidence from India using energy intensity as an indicator of environmental sustainability

Cited by 41 publications

References 33 publications

Corporate Social Responsibility, Green Human Resources Management, and Sustainable Performance: Is Organizational Citizenship Behavior towards Environment the Missing Link?

Corporate Social Responsibility, Green Human Resources Management, and Sustainable Performance: Is Organizational Citizenship Behavior towards Environment the Missing Link?

The effect of environmental and social disclosure on firm value with financial performance as intervening variable

Does CSR Governance Improve Social Sustainability and Reduce the Carbon Footprint: International Evidence from the Energy Sector

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